WASHINGTON–There’s a reason there are more payday loan stores in the country than McDonald’s outlets, according to the CFPB: there is a lot more money to be made.
Fresh Today
KANSAS CITY, Mo.– All eyes will be on a CFPB field hearing here today when the agency will formally announce its new rules for small dollar loans and payday lending.
WABAN, Mass.–Credit unions have again finished highly in national rankings on “experience.”
ARLINGTON, Va.—NAFCU has highlighted a number of credit card-specific Military Lending Act issues and urged the Defense Department to provide a one-year extension, to at least Oct. 3, 2018, to the rule’s credit card compliance deadline.
WASHINGTON–The Federal Reserve detected more than 50 cyber breaches between 2011 and 2015, with several incidents described internally as "espionage.”
WASHINGTON–While home prices have continued to rise in ways that have led some to worry over another real estate bubble, Freddie Mac has issued a statement saying there is no reason to be concerned.
NEW YORK–The latest S&P/Case-Shiller national home-price index shows prices have now climbed back to within 4% of its 2006 peak, having climbed quickly since bottoming out 2012.
NEW YORK–New analysis shows that credit unions have been providing better deposit rates than banks consistently over the past decade.
MADISON, Wis. — The National Credit Union Foundation has released its 2015 Impact Report. Titled “Helping Members Every Step of the Way Along Life’s Journey,” the report provides insight into the initiatives, programs and grants provided by the Foundation throughout the last year.
DUBLIN, Ireland–Plans by 11 credit unions in Ireland to join together and, for the first time, jointly issue a MasterCard debit card, have run into a snag. Ireland’s Central Bank said the debit card and its fees have not yet been granted approval.